TikTok Halts Online Retail in Indonesia Following E-commerce Ban
TikTok has shut down its online retail operations in Indonesia following a ban on e-commerce activities on social media.
Marcelo Claure Steps Up as SHEIN’s Group Vice Chairman
Marcelo Claure, former CEO of SoftBank Group International and current investor, has been appointed SHEIN’s Group Vice Chairman.
Shiseido to tempt back Chinese shoppers with launch of tourism platform
Shiseido has unveiled a new WeChat platform designed to promote the beauty of Japan to Chinese shoppers in collaboration with a variety of tourism partners, including Japan Airlines, Hankyu Hanshin Department Stores and Daimaru Matsuzakaya Department Stores.
LG Electronics to follow stablemate H&H into beauty?
LG Electronics is said to be mulling the creation of a line of beauty products to accompany its recently launched Pra.L skin care device.
Tencent shares dive as sales and income miss estimates
Tencent saw its shares dip 2.5 percent in Hong Kong following the announcement of its latest set of results; both sales and net income came in below analysts’ expectations.
Nykaa’s Elite Exit Amidst Indian Beauty Battle
Six top executives from Nykaa, a major cosmetics and fashion retailer in India, have resigned
TikTok’s E-Commerce Surge in Southeast Asia: Opportunities and Challenges
Within a year, TikTok experienced a sevenfold increase in sales in Southeast Asia, drawing in a young audience with its blend of shopping and entertainment functionalities.
Meesho’s Turnaround: From First Profit to Anticipated IPO
Indian e-commerce startup Meesho has reported its first profit and is considering a stock market listing in the next 12-18 months.
Shu Uemura: Stickers Digitize Your Makeup!
L’Oréal-owed Shu Uemura has released NFC chip-embedded stickers that can be placed on the face and scanned with an NFC smartphone to create digital content.
Grown Alchemist Arrives in China
Australia’s Grown Alchemist is bringing its skincare products to China through a partnership with Sephora China.
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